Cannara Biotech Inc. applied for and received a cannabis license from Health Canada. The license allows it to start production in its new facility. The company contends this is the largest indoor cannabis facility in the area. It is 58,000 square meters. The Montreal Canadiens Bell Centre arena is eclipsed by this facility by 3x. The facility will accommodate the medical marijuana market at first with its eyes set on the recreational area in the future. It is expected that this will happen within the next five months.

Key Takeaways:

  • Cannara Biotech Inc. applied for and received a license from Health Canada allowing it to use its facility for medical marijuana growing.
  • The facility is the largest of its type according to the company. It is 3x larger than the Bell Centre arena at 58,000 square meters.
  • The company plans to apply for a recreational marijuana license in five months.

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